SOS Limited (SOS) Prices 22M ADS Registered Direct Offering at $5/ADS
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SOS Ltd. Announces Pricing of $110.0 Million Registered Direct Offering
February 11, 2021 10:37 PM ESTQINGDAO, China, Feb. 11, 2021 /PRNewswire/ --Â SOS Limited (NYSE: SOS) (the "Company" or "SOS"), a high-tech company providing a wide range of data mining and marketing analysis services to its corporate and individual members in China, announced today that it has entered into a securities purchase agreement with certain accredited investors to purchase $110,000,000 worth of its American Depositary Shares ("ADS") and warrants in a registered direct offering.
Under the terms of the securities purchase agreement, the Company has agreed to sell 22,000,000 million ADSs and warrants to purchase 16,500,000 million ADS. The... More
